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EPISODE 3

Interest Rates Available under ASC 842

Experts: Emily Fish, Rachel Reed

Questions answered in this episode:

  1. What are the different borrowing rates under ASC 842?
  2. What are the key differences between using the implicit rate, the IBR, and the RFR?

Recommended Resources

Interest Expense Calculation Explained with a Finance Lease Example and Journal Entries

Discount Rate Implicit in the Lease under ASC 842